PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Graphic Arts

Houston, TX · Charter 61438

NCUA · 2 branches

Q2 2024

$37.2MAssets
$30.9MLoans
$33.1MShares
$3.6MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -0.58%, down 60 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.82% of loans (+43 bps YoY).
  • Capital: net worth / assets of 9.69%, up 4 bps from a year ago.
  • Funding: loans stand at 93.46% of shares as of Q2 2024.

Financial Results

Return on Assets (quarter, annualized)

-0.58%-60 bps YoY

Net Interest Margin (quarter, annualized)

3.70%+12 bps YoY

Efficiency Ratio (quarter, annualized)

102.45%+441 bps YoY

Net Worth / Assets

9.69%+4 bps YoY

Discrete quarter, annualized.

MetricQ2 2023Q3 2023Q4 2023Q1 2024Q2 2024YoY ΔTrend
Earnings
Return on Assets0.02%-0.29%-0.37%-0.77%-0.58%-60 bps
Return on Equity0.22%-3.12%-3.89%-8.07%-5.95%-617 bps
Net Interest Margin3.57%3.56%3.58%3.55%3.70%+12 bps
Efficiency Ratio98.04%100.33%101.65%102.41%102.45%+441 bps
Growth
Asset Growth (YoY)0.19%0.48%-3.59%-5.84%-7.01%-720 bps
Loan Growth (YoY)6.80%3.21%-4.40%-7.33%-8.55%-1,535 bps
Share Growth (YoY)-2.01%-3.31%-3.00%-5.87%-4.27%-225 bps
Asset Quality
Delinquent Loans / Loans0.38%0.45%0.49%0.61%0.82%+43 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital9.65%9.46%9.54%9.54%9.69%+4 bps
Net Worth / Assets9.65%9.46%9.54%9.54%9.69%+4 bps
Liquidity & Funding
Loans / Shares97.83%98.52%97.21%94.41%93.46%-438 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps